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Trump named the conditions for selling Blackwell to China
U.S. President Donald Trump announced his readiness to allow Nvidia to supply a trimmed version of its flagship AI chips, Blackwell, to China. He made this statement at a press conference, according to CNBC.
The politician intends to make a deal with the company if it reduces the chip production for China by 30-50%. He plans to meet with the CEO of the chipmaker, Jensen Huang, to discuss the matter.
Earlier, Nvidia and AMD agreed to transfer 15% of the revenues from the sale of H20 and MI308 chips to the U.S. government for China. This became a condition for obtaining permission to export processors.
Trump said he initially demanded 20%, but the amount was reduced to 15% after negotiations with Huang.
The President called H20 "an old chip that China already has."
The approval of the export of trimmed versions of Blackwell will be "the most significant event in the future," said Paul Triolo, partner and senior vice president for China at the consulting firm DGA-Albright Stonebridge Group.
Huang has repeatedly noted that if access for China to American technology is restricted, local developers will take their place. According to him, the US should continue supplying chips to the PRC so that Chinese companies maintain dependence on American solutions in the field of AI.
Recall that in March, Nvidia announced new processors for creating and launching AI models — Blackwell Ultra and Vera Rubin.
In August, the company denied the existence of backdoors in the chips following reports of concerns from Chinese authorities.